Niti Badarinath is pushing new mobile banking and mobile wallet concepts to market at U.S. Bank with a sense of urgency: he knows customers want more. Badarinath and six other digital banking executives made it to our Digital Banker of the Year list by moving new features to market quickly, overcoming institutional fear and inertia.
Under Roy Malone's direction, Golden Pacific Bancorp last year introduced an online lending platform that vastly speeds up the approval process for borrowers seeking Small Business Administration loans ranging from $5,000 to $150,000.
What's Next for Energy Lenders? Lots of 'Wound-Licking'
Expect banks to pull back on energy lending in the near term, as regulators step up their scrutiny of oil loans and bankers approach the business with a "different attitude," says Mariner Kemper, chairman and chief executive at UMB Financial in Kansas City, Mo.
Smart Questions (and Some Answers) About Community Banking
Does scale matter to a community bank? What does the disappearance of black-owned banks mean to the communities they served? What impact has regulation had on banking? Those questions were among the many addressed by researchers at the recent community banking conference in St. Louis hosted by the Federal Reserve and Conference of State Bank Supervisors.
Why Media Representation Matters for Women in Banking
"If she can see it, she can be it." Geena Davis announces a new effort to encourage women and girls to enter financial services while speaking at the Most Powerful Women in Banking gala in New York. Her institute on Gender in Media will conduct research in partnership with American Banker and sponsored by Zions Bank.
The surprise vote by the U.K. in June to leave the European Union may encourage fintech startups in London to expand across the pond. That was the case with Duco, a financial data management startup, which recently added senior managers in New York. "Hiring talent in London was already hard on the tech side, and we think it's going to get even harder" says CEO Christian Nentwich.
This year federal and state regulators have started to pay closer attention to the rapidly evolving online-lending sector particularly online small-business lending. What follows is a look at eight key players in the debate over how to regulate this emerging industry.